Italy's Enel Green Power, one of the world's biggest renewable energy groups, is looking to East Africa to drive its expansion plans in the continent over the next few years, its chief executive said on Monday.
"Mozambique, Tanzania, Kenya and Uganda will be a priority and we plan to develop wind, solar and geothermal," Francesco Starace told Reuters on the sidelines of a conference.
Enel Green Power, present in 16 countries, has been slowly shifting investment away from core markets Italy and Spain that in 2012 accounted for 61 percent of installed capacity and 68 percent of core earnings, to faster growing emerging economies.